If you haven`t bought GIS here: Then Analyzing the options chain of GIS General Mills prior to the earnings report this week, I would consider purchasing the 80usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $1.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
General Mills has recently gained support after retracing to key fib levels. Moving sideways and starting to trend up is giving us a buy signal. GIS earnings are on 6/28 - be careful holding through earnings.
General Mills is a multinational food company headquartered in Minneapolis, Minnesota. It is a leading player in the global consumer packaged goods industry, primarily focused on the production and marketing of branded food products. The company operates through various segments, including North America Retail, Convenience Stores & Foodservice, Europe & Australia,...
General Mills after an amazing Cup with handle performance is now showing a multitude of Bearish Signs such as a Shortening of the Thrust in conjunction with Bearish Divergence of the MACD and RSI and a Bearish Engulfing candle on the Monthly Chart; this all points towards the probability that General Mills will be seeing some significant downside in the coming...
NYSE:GIS pending new all-time high. Well diversified business, ticks a couple of fundamental analysis boxes. Price action, focus on that. Perhaps this time the upside move will pan out, it failed spectacularly the last time we spoke about the stock.
The PEAD projected a bullish outlook for $GIS after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 72.73%.
If you haven`t bought my last GIS signal: Then you should know that looking at the GIS General Mills options chain ahead of earnings , I would buy the $85 strike price Calls with 2024-1-19 expiration date for about $4.40 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion...
The previous week's GIS gap was up but ca n not break 50MA above to continue the uptrend. for this reason, I will watch Monday's performance. if it could not break above. I guess it will go to test following levels 70s
Mid day runner entered here still room to get in
Adding a little to my portfolio. Stock oversold on daily, and near 52 week EMA (75.68) on a strong uptrend. Has held the 78% fib at 77.23. It could hit the 52 week EMA, but I'm not betting on it.
After a months of price falling, at last it landed at EMA200, which can be a very strong support line if we based on the past record. Similar horizontal support can be recognized at 21Oct22 and 15Nov22. If we look at RSI Indicator, we can see RSI is forming a cup pattern which is showing over selling momentum is over. However, for more confirmation, you can...
The PEAD projected a Neutral outlook for $GIS after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 84.62%.
I have been patiently waiting for this formation setup. As usual, very good earnings resulted in a gap down. I will be happy to get first 10% short quickly.
Based on my strategy, there seems to be a Bearish Divergence on GIS. Meaning that the price action is making higher highs, but the RSI is making lower highs. This could be a good time to buy PUTS on GIS with a very tight stop loss. The idea will be invalidated if the RSI creeps about the dotted line on the chart. I have marked the support levels on the chart...
I am bearish on GIS. this stock could fill the gap below
The PEAD projected a Bullish outlook for $GIS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
Looking at the GIS General Mills options chain, i would buy the $77.5 strike price Calls with 2022-10-21 expiration date for about $1.30 premium. Looking forward to read your opinion about it.